Monthly Rent Report

Williamsburg Rent Report — March 2023

Asking rents in ZIP 11211, New York City, from 416 listings.

Median 1BR rent in Williamsburg was $4,000 in March 2023, down 7.5% (−$325) from February 2023 and down 15.3% year-over-year. The middle half of 1BR listings asked between $3,325 and $4,500. That puts Williamsburg $1,701 above the New York City citywide 1BR median of $2,299. The month's figures are based on 416 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2023Vs. March 2022P25–P75 RangeListings
Studio$3,500+$125 (+3.7%)+$88 (+2.6%)$3,000 – $3,88637
Studio$3,750+$375 (+11.1%)+$338 (+9.9%)$3,750 – $3,7501
1BR$4,000−$325 (-7.5%)−$725 (-15.3%)$3,325 – $4,500114
1BR$4,750+$425 (+9.8%)+$25 (+0.5%)$4,750 – $4,7501
2BR$4,800+$300 (+6.7%)+$1,105 (+29.9%)$3,799 – $5,974136
2BR$4,000−$500 (-11.1%)+$305 (+8.3%)$4,000 – $4,0001
3BR$4,450−$10 (-0.2%)+$850 (+23.6%)$3,900 – $5,97529
3BR$4,500+$40 (+0.9%)+$900 (+25.0%)$3,991 – $5,21766
4BR$8,000+$4,100 (+105.1%)+$2,551 (+46.8%)$5,500 – $12,75020
4BR$8,000+$4,100 (+105.1%)+$2,551 (+46.8%)$5,499 – $8,8009

Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.

Williamsburg vs. New York CityMarch 2023

BedroomsWilliamsburg MedianNYC Citywide MedianDifference
Studio$3,500$2,200+$1,300 (+59.1%)
Studio$3,750$2,200+$1,550 (+70.5%)
1BR$4,000$2,299+$1,701 (+74.0%)
1BR$4,750$2,299+$2,451 (+106.6%)
2BR$4,800$2,650+$2,150 (+81.1%)
2BR$4,000$2,650+$1,350 (+50.9%)
3BR$4,450$3,200+$1,250 (+39.1%)
3BR$4,500$3,200+$1,300 (+40.6%)
4BR$8,000$3,995+$4,005 (+100.3%)
4BR$8,000$3,995+$4,005 (+100.3%)

Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2023.

Advertisement